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Bipartisan US bill proposes tax credits for carbon storage


Bipartisan US bill proposes tax credits for carbon storage
May 27, 2021 1:25:pm
Summary
by: Daniel Graeber
Posted in:
Bipartisan US bill proposes tax credits for carbon storage
A bipartisan measure drafted by US legislators fills the gap in tax legislation for credits on carbon capture, representatives said May 25.
“This is a pivotal time in this country to address the existential climate crisis, and we must take an active role in meeting the moment,” Tim Ryan, a Democratic member of the House of Representatives for Ohio, said. “That means leveraging the might of the US government and the ingenuity and strength of American businesses to meaningfully lower US emissions.” ....

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